Turboprop engines have become increasingly popular among private and corporate aircraft owners due to soaring fuel prices. This latest article in Business Week details how GE has created a new innovative turboprop engine, the GE M601 H80, to accommodate the airline industry's need for an efficient alternative to fuel-thirsty jet engines. GE engineers have created this innovative design by simply making updates in tried-and-tested designs. For example, engineers have worked on the aerodynamics of the engine, and will soon work on the redesign of the existing gearbox to continuously improve fuel efficiency. A wide portfolio of different engines ranging in power will be available over the upcoming years. GE, who has recently experienced disappointing earnings last quarter, has bounced back by reinvesting capital in new product development.
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